Md. Code, State Finance and Procurement § 8-101
Md. Code, State Finance and Procurement § 8-101
in effect(a) In this subtitle the following words have the meanings indicated.
(b) “Board” means the Board of Public Works.
(c) “Capital appreciation bond” means a State bond that accrues interest payable only on the date of maturity.
(d) “Enabling act” means a law that authorizes the creation of a general obligation debt of the State and the sale of State bonds to evidence that debt.
(e) “State bond” means a general obligation bond of the State.
(f) “State debt” means the general obligation debt of the State.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gsf§ion=8-101&enactments=falseFetched: 10/17/2026